Tallinn, Estonia, Noida, India – 3rd December 2015 – HCL Technologies (HCL), a global IT services provider, announced that the President of Estonia, Honorable Toomas Hendrik Ilves, today inaugurated HCL’s nearshore centre in Tallinn. This marks the expansion of HCL’s operations in the Baltics region. Located in Tallinn, the capital city of Estonia, by the Gulf of Finland, the centre aims to accommodate 100 seats in the next year which will cater to its marquee customers across Continental Europe. The centre will become a key hub in HCL’s global delivery network and will provide cutting-edge transformational IT services by leveraging its global best practices.
HCL strategically chose Tallinn to expand its footprint in the Baltics as the region offers a highly-skilled talent pool to help the company meet current and future business needs. The geographic location of Tallinn on the shore of the Baltic Sea, in close proximity to Finland and Sweden as well as the rest of the Nordic countries allows convenient access all across Northern Europe and Benelux.
Viljar Lubi, Ambassador of Estonia to India “Although Sanskrit was taught at the University of Tartu already back in the 19th century Java, Phyton is the new lingua franca in India-Estonia relationship. I am very happy that HCL is opening its centre in Tallinn. I am absolutely convinced that our collaboration in IT has by far the strongest spillover effect in enhancing the relationship between our two countries. HCL is warmly welcomed in our family.”
Rahul Singh, President, Financial Services, HCL Technologies said, “We believe in making investments in strategic locations like Tallinn, where high quality IT talent will create stronger service delivery for our existing customers. This centre marks the opening of the ninth delivery centre in Europe which gives us robust network to provide seamless flow of work for our customers. We are excited to be in Tallinn and look forward to building on our delivery capabilities and providing greater value to our clients.”
As part of HCL’s larger European strategy to accelerate technology innovation and cater to the demands of customers, HCL will invest in migration, application modernization and future-ready architecture for digital services. HCL will be delivering a number of services to its customers from the Tallinn Centre, including Application Development, Digital and Core Systems Transformation, Legacy Modernization, and Infrastructure Services.
• HCL started its operations in Europe in 1999
• HCL is present in 18 European countries with offices in UK, Finland, Sweden, Germany, Netherlands, Poland and more
• HCL houses 21 delivery and innovation centres in Europe
• HCL employs over 4500+ professionals, and provides transformational work for over 200+ European customers
About HCL Technologies
HCL Technologies is a leading global IT services company working with clients in areas that impact and redefine the core of their businesses. Since its emergence on global landscape after its IPO in 1999 and listing in 2000, HCL Technologies, along with its subsidiaries, today operates out of 31 countries and has consolidated revenues of US$ 6.1 billion, as on 30th September 2015 (on LTM basis). HCL focuses on 'transformational outsourcing', underlined by innovation and value creation, offering an integrated portfolio of services including Enterprise Digitalization, Internet of Things, Engineering Services Outsourcing and Next Generation IT Outsourcing that focuses on transformation-led infrastructure services, applications services and business services. HCL leverages its extensive global delivery capabilities and integrated innovation labs across the world to provide holistic, multi-service delivery in key industry verticals including Financial Services, Manufacturing, Telecommunications, Media, Publishing & Entertainment, Retail & CPG, Life sciences & Healthcare, Oil & Gas, Energy & Utilities, Travel, Transportation & Logistics and Government. With 105,000+ professionals from diverse nationalities, HCL Technologies focuses on creating real value for customers by taking ‘Relationships Beyond the Contract’. For more information, please visit www.hcltech.com
Certain statements in this release are forward-looking statements, which involve a number of risks, uncertainties, assumptions and other factors that could cause actual results to differ materially from those in such forward-looking statements. All statements, other than statements of historical fact are statements that could be deemed forward looking statements, including but not limited to the statements containing the words 'planned', 'expects', 'believes’,’ strategy', 'opportunity', 'anticipates', 'hopes' or other similar words. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding impact of pending regulatory proceedings, fluctuations in earnings, our ability to manage growth, intense competition in IT services, Business Process Outsourcing and consulting services including those factors which may affect our cost advantage, wage increases in India, customer acceptances of our services, products and fee structures, our ability to attract and retain highly skilled professionals, our ability to integrate acquired assets in a cost effective and timely manner, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, the success of our brand development efforts, liability for damages on our service contracts, the success of the companies /entities in which we have made strategic investments, withdrawal of governmental fiscal incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property, other risks, uncertainties and general economic conditions affecting our industry. There can be no assurance that the forward looking statements made herein will prove to be accurate, and issuance of such forward looking statements should not be regarded as a representation by the Company, or any other person, that the objective and plans of the Company will be achieved. All forward looking statements made herein are based on information presently available to the management of the Company and the Company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the Company.